Today’s crypto market is quite favoring Justin Sun’s crypto tokens. Although Bitcoin is still dominating the market, TRON gains 4.44 percent over the past 24 hrs. Beside TRX, BitTorrent hit the headlines with almost 50 percent upsurge in its value.
Given that, the TRX community is on continuous talk on what makes TRX and BTT perform so well very quickly in contrast to the other largest cryptocurrencies in the market. To note, the leading crypto assets such as BTC, XRP, ETH, BCH, and LTC have still stuck with the negative mark.
— tradermeetscoder (@trdrmtscdr) February 4, 2019
TRX and BTT Turned Green
As per the data from coinmarketcap, TRON counts the trading volume of $1,804,890,865 with value $0.027072. According to the graph, TRON appreciated with a total of 4.44 percent during the last 24 hrs. Moreover, the major trading hit for TRX value derived from OEX, UPbit, Binance Huobi global, Hit-Z, HitBTC, BitForex, OKEx, Bihumb and more.
The BTT token which was primarily designed for file-sharing platform is gaining the mainstream adoption. Beside TRX, Justin Sun’s latest token launch ‘BitTorrent’ or BTT is also driving the positive move by almost 50 percent for the last 24hrs. Noticeably, the current market cap of BitTorrent counts $224,680,058, while noticing a growth of 49.44 over the past day.
As such, with other largest cryptocurrency exchanges, KuCoin has also announced to list BTT token on its platform.
#BTT will be listed on @kucoincom, you can deposit #BTT at 16:00 on Feb 3, 2019(SGT), withdraw $BTT at 22:00 on Feb 3, 2019(SGT). BTT/BTC, BTT/ETH will be available at 18:00 on Feb 3, 2019(SGT). #BitTorrent $BTT pic.twitter.com/QvKUXk2JOW
— Justin Sun (@justinsuntron) February 3, 2019
Nonetheless, the growth of BitTorrent token is riding the wave but the team BTT is cautioning users on fraudulent platforms. Accordingly, in its latest blog post, the team TRON alerts the users on fake airdrops of BTT token appeared on the Internet. It reads;
Since its official announcement on January 3rd, 2019, a significant number of fraudulent websites, ICOs, and airdrops offering fake BitTorrent (BTT) have appeared on the Internet. We are actively working to take down fraudulent platforms.
Additionally, TRON in its weekly report, released in 14 different languages shared the insights on how well the firm performed in past days. Globally, the firm has received 2 awards from Golden Finance (i.e on Most Influential Public Chain Award and Technology Breakthrough Pioneer Award in 2018). Besides this, the DApp community of TRON is continuously overtaking the rival firms ETH and EOS, particularly, 6 DApps from the TRON network debuts in top 10 globalDApps on the chart.
Disclaimer The views, opinions, positions or strategies expressed by the authors and those providing comments are theirs alone, and do not necessarily reflect the views, opinions, positions or strategies of CoinGape. Do your market research before investing in cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.
Tabassum is a full-time content writer at Coingape. Her passion lies in writing and delivering apt information to users. Currently, she does not hold any form of cryptocurrencies. Follow her on Twitter at @Tabassumnaiz and reach out to her at Tabassum[at]coingape.com